Steel Mills
July 23, 2019
SDI Expects Steel Demand to Grow in the Second Half
Written by Sandy Williams
Steel Dynamics is expecting modest growth for steel consumption in the second half of 2019 supported by the end of steel inventory destocking and further reduction of steel imports.
“The team delivered a solid second-quarter performance in a challenging steel pricing environment,” said SDI President and CEO Mark Millett. “A weakening scrap price environment coupled with steel inventory destocking led to steel buying hesitancy.”
